$1,250,000
SOLD JAN 31, 2025

832 W Crestwood Ave San Pedro, CA 90731

8 Beds
8 Baths
4,249 Sq Ft
6,123 Sq Ft Lot

Recently Sold

$294 Per Sq Ft

14% Below List Price

93 Days on Market

Highlights

  • Panoramic View
  • Property is near public transit
  • Balcony
  • Rudecinda Sepulveda Dodson Middle Rated A-
  • No HOA
  • Subterranean Parking

About This Home

As of January 2025

Built in 1987, this investment is not subject to City of LA RSO, only State rent control laws! Buyer to verify with LA City. Discover a rare investment opportunity with this expansive 4-unit building situated in a tranquil neighborhood of single-family homes. Each of the four apartments offers approximately 1,060 sqft of living space, featuring 2 large bedrooms, 2 bathrooms, and spacious living rooms with private balcony access.

The building includes four 2-car tandem garages, tall ceilings, and both car and walk-in doors. Tenants will appreciate the convenience of an onsite laundry room equipped with 2 washers and 2 dryers. Each unit has its own private hot water heater, plus an additional hot water heater for the laundry room. The units come with ample counter space, gas stoves, dishwashers, and plentiful storage. One bedroom in each unit has an ensuite bathroom, while the second bathroom is located in the hallway.

The building also boasts a large concrete patio area at the rear, ideal for communal outdoor gatherings. The top floor units enjoy sweeping eastern views towards the Port of Los Angeles.

Located in a prime spot, this property offers easy access to the 110 freeway, Pacific Coast Highway, and the bridges to the 710 freeway. Don’t miss out on this unique chance to own a large, well-maintained apartment building in a desirable area of San Pedro.

One unit is recently vacated and can be delivered vacant if an offer comes in soon.

Last Agent to Sell the Property

Richard Daskam

eXp Realty of California Inc Brokerage Phone: 562-857-1965 License #01091037 Listed on: 09/18/2024

eXp Realty of California Inc

Last Buyer's Agent

Richard Daskam

eXp Realty of California Inc Brokerage Phone: 562-857-1965 License #01091037 Listed on: 09/18/2024

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,705

Year Built

  • Built in 1987

Lot Details

  • 6,123 Sq Ft Lot
  • Two or More Common Walls
  • South Facing Home
  • Wood Fence
  • Brick Fence
  • Landscaped
  • Rectangular Lot

Parking

  • 8 Car Garage
  • Attached Carport
  • Subterranean Parking
  • Parking Available
  • Tandem Garage
  • Driveway Down Slope From Street

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 4,249 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Panoramic Views

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near public transit

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 24 / B
  • Tax Tract Number 3171
  • Assessor Parcel Number 7447017026
  • $578 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,676
  • Fuel Expense $200
  • Gardener Expense $3,000
  • Insurance Expense $3,890
  • Trash Expense $1,800
  • Water Sewer Expense $5,000
  • New Taxes Expense $17,500
  • Operating Expense $34,066
  • Gross Income $113,280
  • Net Operating Income $77,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,705

Year Built

Built in 1987

Lot Details

0

Parking

8

Listing Details

  • Assessments: Yes
  • CapRate: 5.30
  • Price Per Unit: 362500
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 5000.00
  • Zoning: LAR1
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 3000.00
  • Parcel Number: 7447017026
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 294.19
  • Room Type: Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom

Exterior Features

  • Direction Faces: South
  • View: Panoramic
  • Fence: Yes
  • Fencing: Brick, Wood
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Attached Carport, Concrete, Driveway Down Slope From Street, On Site, Subterranean, Tandem Garage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Individual Room
  • Sewer: Sewer Paid
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 6123.00
  • Lot Size Acres: 0.1406

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1062 Square Feet
  • Electric Expense: 2676.00
  • Fuel Expense: 200.00
  • Gross Income: 113280.00
  • Gross Multiplier: 14.00
  • Gross Operating Income: 111000.00
  • Gross Scheduled Income: 113280.00
  • Insurance Expense: 3890.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1665.00
  • Lot Size Area: 6123.0000 Square Feet
  • Net Operating Income: 77000.00
  • Number Of Rented Garages: 8
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 34000.00
  • Rent Control: No
  • Total Actual Rent: 113280.00
  • Total Expenses: 34066.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 17500.00
  • Tax Block: B
  • Tax Census Tract: 2965.00
  • Tax Lot: 24
  • Tax Tract Number: 3171
  • TaxOtherAnnualAssessmentAmount: 578.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Feb 27, 2025
Sold by
Sandoval Hector and Sandoval Paola
Bought by
Crestwood 832 Llc
Seller's Agent
Richard Daskam
eXp Realty of California Inc
Buyer's Agent
Richard Daskam
eXp Realty of California Inc
List Price
$1,450,000
Sold Price
$1,250,000
Premium/Discount to List
-$200,000
-13.79%
Views
27
Current Estimated Value
$1,282,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,106
Avg. Annual Appreciation
2.73%
Original Mortgage
$937,500
Outstanding Balance
$933,544
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$335,785

Purchase Details

Listed on
Sep 18, 2024
Closed on
Jan 8, 2025
Sold by
Diiulio Incorporated Llc
Bought by
Sandoval Hector and Sandoval Paola
Seller's Agent
Richard Daskam
eXp Realty of California Inc
Buyer's Agent
Richard Daskam
eXp Realty of California Inc
List Price
$1,450,000
Sold Price
$1,250,000
Premium/Discount to List
-$200,000
-13.79%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Outstanding Balance
$933,544
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$335,785

Purchase Details

Closed on
Aug 21, 2014
Sold by
Jones Lisa D
Bought by
Dilulio Incorporated Llc

Purchase Details

Closed on
Jun 9, 2014
Sold by
Dilulio Renata
Bought by
Jones Lisa D and Di Lulio Renata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2013
Sold by
Rice John H
Bought by
The John Rice Revocable Living Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Grant Deed $1,250,000 Orange Coast Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $937,500 New Conventional
Previous Owner $937,500 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $250,000 Negative Amortization
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $1,250,000 -13.8% $294 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
12/19/2024 12/19/24 For Sale $1,450,000 0.0% $341 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $1,450,000 -- $341 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,705 $945,988 $439,351 $506,637
2024 $11,705 $927,440 $430,737 $496,703
2023 $11,484 $909,256 $422,292 $486,964
2022 $10,959 $891,428 $414,012 $477,416
2021 $10,808 $873,950 $405,895 $468,055
2019 $10,490 $848,030 $393,857 $454,173
2018 $10,355 $831,403 $386,135 $445,268
2016 $9,868 $799,121 $371,142 $427,979
2015 $9,726 $787,119 $365,568 $421,551
2014 $9,555 $753,405 $401,816 $351,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24194528

California Regional Multiple Listing Service (CRMLS)

APN: 7447-017-026